Ac Ratshesky Foundation
The A.C. Ratshesky Foundation is a private family foundation based in Needham, Massachusetts, with a mission to support economically disadvantaged individuals and families. Incorporated in 1916 and adopting its current name in 1930, the foundation has operated for over a century as a grantmaking organization committed to fostering economic and social justice.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.8M
+8.2% YoY
Annual Giving
$321K
+5.1% YoY
Grant Count
23
+0.0% YoY
Avg Grant Size
$14K
+5.1% YoY
Under IRS private-foundation payout rules, Ac Ratshesky Foundation reported a distributable amount of $424K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation is committed to fostering economic and social justice for low- and moderate-income families residing in Boston, Massachusetts and surrounding communities. The foundation seeks programs that promote and strengthen skills and learning to better oneself on the way to self-sufficiency.
Primary funding areas include:
- Workforce development and employment programs
- Active learning for preteens and teens
- Year-round and after-school enrichment programs
- Programs addressing antisemitism in the community
- Support for disadvantaged Jewish populations (when aligned with other foundation priorities)
- Family partnering in early education
- Education and training
- Arts and culture
Grantmaking
Review Cycle
throughout the year, allowing grantseekers flexibility in submission timing.
How to Apply
** The foundation maintains multiple proposal deadlines throughout the year, allowing grantseekers flexibility in submission timing.
Ready to take the next step with Ac Ratshesky Foundation?
Geographic Focus
Where this funder awards grants
The foundation restricts grants to organizations serving metropolitan Boston communities and surrounding areas, with primary focus on organizations within Route 128.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $8,848,720
- Total Giving: $320,650
- Revenue: $351,000
- Expenses: $448,000
- Total Liabilities: $0
Tax Status: Designated as a 501(c)(3) organization; tax-exempt since September 1932. Donations are tax-deductible.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,848,720 | $8,180,107 | $7,551,831 |
| Revenue | $350,953 | $-33,746 | $276,653 |
| Expenses | $447,832 | $413,712 | $482,110 |
| Qualifying Distributions | $395,136 | $366,595 | $434,361 |
| Net Investment Income | $297,799 | $113,667 | $222,817 |
| Distributable Amount | $423,806 | $382,398 | $397,837 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
122 grants across all recorded years
Open Grants
4 open opportunities from Ac Ratshesky Foundation
A.C. Ratshesky Foundation Grant: Active Learning
AC RATSHESKY FOUNDATION
Amount
US $10,000 - US $25,000
Deadline
Rolling / Open
A.C. Ratshesky Foundation Grant: Workforce Development
AC RATSHESKY FOUNDATION
Amount
US $10,000 - US $25,000
Deadline
Rolling / Open
Active Learning Grant Program
AC RATSHESKY FOUNDATION
Amount
$10,000 - $25,000
Deadline
October 1, 2026
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Third Sector New England ($45,000), Hebrew College ($18,000), Build Greater Boston ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BRIGHTER BOSTON INC CHESTNUT HILL, MA | PROGRAM SUPPORT | $10,000 |
| BUILD GREATER BOSTON BOSTON, MA | PROGRAM SUPPORT | $15,000 |
| CHELSEA EDUCATION FOUNDATION INC CHELSEA, MA | PROGRAM SUPPORT | $15,000 |
| FRESH FILMS ROCK ISLAND, IL | PROGRAM SUPPORT | $15,000 |
| FAMILIES FIRST PARENTING PROGRAMS CAMBRIDGE, MA | PROGRAM SUPPORT | $15,000 |
| FAMILY ACCESS OF NEWTON NEWTON, MA | PROGRAM SUPPORT | $10,000 |
| INTERNATIONAL INSTITUTE OF NEW ENGLAND BOSTON, MA | PROGRAM SUPPORT | $15,000 |
| JEWISH VOCATIONAL SERVICES BOSTON, MA | PROGRAM SUPPORT | $15,000 |
| JUST-A-START CORPORATION CAMBRIDGE, MA | PROGRAM SUPPORT | $15,000 |
| MUJERES UNIDAS AVANZANDO DORCHESTER, MA | PROGRAM SUPPORT | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Craig Levy is listed as a contact person for the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REBECCA MORSE STEINFIELD | PRESIDENT/DIRECTOR | 1 | — |
| ROBERTA MORSE LEVY | VP TIL MAY/CLERK SINCE MAY/DIRECTOR | 1 | — |
| ERIC R MORSE | DIRECTOR | 1 | — |
| CRAIG LEVY | TREASURER/DIRECTOR | 1 | — |
| LAURIE MORSE SPRAGUE | ASST. TREASURER/DIRECTOR | 1 | — |
| ANNE MORSE CROTONE | CLERK TIL MAY/VP SINCE MAY/DIRECTOR | 1 | — |
| LOVEY MORSE | DIRECTOR | 1 | — |
Contact Information
- Address: 16 Green Street, Needham, MA 02492
- Phone: 617-391-3091
- Website: www.ratsheskyfoundation.org
- EIN: 04-6017426
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Ac Ratshesky Foundation fund?
The foundation is committed to fostering economic and social justice for low- and moderate-income families residing in Boston, Massachusetts and surrounding communities. The foundation seeks programs that promote and strengthen skills and learning to better oneself on the way to self-sufficiency. **Primary funding areas include:** • Workforce development and employment programs • Active learning for preteens and teens • Year-round and after-school enrichment programs • Programs addressing antis…
How do I apply for a grant from Ac Ratshesky Foundation?
**Grant Amounts:** Typical awards range from $2,550 to $45,000. **Geographic Scope:** Organizations serving metropolitan Boston communities, primarily within Route 128. **Recent Activity:** The foundation launched a new program in 2025 to address antisemitism in the community, demonstrating ongoing evolution of its priorities. **Application Process:** The foundation maintains multiple proposal deadlines throughout the year, allowing grantseekers flexibility in submission timing.
Where does Ac Ratshesky Foundation make grants?
The foundation restricts grants to organizations serving metropolitan Boston communities and surrounding areas, with primary focus on organizations within Route 128.
What size grants does Ac Ratshesky Foundation award?
In 2024, Ac Ratshesky Foundation awarded 23 grants totaling $321K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Ac Ratshesky Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ac Ratshesky Foundation reported a distributable amount of $424K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ac Ratshesky Foundation's EIN?
Ac Ratshesky Foundation's EIN (Employer Identification Number) is 04-6017426. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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